Gambling Law US
Illegal Money Transmitters Act of 1992
Gambling Related Websites
Extracted from: Internet Gambling in Nevada: Overview of Federal Law Affecting Assembly Bill 466,
[The text of the statute follows Mr. Rodefer's comment]
Congress, concerned that those engaged in money laundering were using money transmitting services rather than traditional financial institutions, passed the Illegal Money Transmitting Business Act of 1992,  codified at 18 U.S.C. 1960. The Act provides that it is a crime to conduct, control, manage, supervise, direct, "or own all or part of a business, knowing the business is an illegal money transmitting business."  The term "illegal money transmitting business" is defined generally to mean a money transmitting business that affects interstate commerce in any manner and fails to comply with either state law or the registration requirements for such a business under 31 U.S.C. § 5330.  Possibly more troubling for the operators of on-line gaming is the definition of "money transmitting," which "includes but is not limited to transferring funds on behalf of the public by any and all means including but not limited to transfers within this country or to locations abroad by wire, check, draft, facsimile, or courier." 
 See Illegal Money Transmitting Business Act, Pub. L. No. 102-760, § 1512(a) (1992).
 18 U.S.C. § 1960(a).
 See 18 U.S.C. § 1960(b)(1).
 18 U.S.C. § 1960(b)(2).
United States Code; Title 18 Part I Chapter 95
(a) Whoever knowingly conducts, controls, manages, supervises, directs, or owns all or part of an unlicensed money transmitting business, shall be fined in accordance with this title or imprisoned not more than 5 years, or both.
(b) As used in this section -
(1) the term ''unlicensed money transmitting business '' means a money transmitting business which affects interstate or foreign commerce in any manner or degree and -
(2) the term ''money transmitting '' includes transferring funds on behalf of the public by any and all means including but not limited to transfers within this country or to locations abroad by wire, check, draft, facsimile, or courier; and
(3) the term ''State '' means any State of the United States, the District of Columbia, the Northern Mariana Islands, and any commonwealth, territory, or possession of the United States
 So in original.
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